Loading...

Matador Resources

NYSE:MTDR
Snowflake Description

Solid track record and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MTDR
NYSE
$2B
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. The last earnings update was 19 days ago. More info.


Add to Portfolio Compare Print
MTDR Share Price and Events
7 Day Returns
0.4%
NYSE:MTDR
0.9%
US Oil and Gas
1.6%
US Market
1 Year Returns
-33.3%
NYSE:MTDR
-17.5%
US Oil and Gas
2.6%
US Market
MTDR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Matador Resources (MTDR) 0.4% -5.4% 14.7% -33.3% -8.1% -16.3%
US Oil and Gas 0.9% -4.9% -3.1% -17.5% -0.8% -32.9%
US Market 1.6% -1.7% 2.1% 2.6% 38.5% 41.4%
1 Year Return vs Industry and Market
  • MTDR underperformed the Oil and Gas industry which returned -17.5% over the past year.
  • MTDR underperformed the Market in United States of America which returned 2.6% over the past year.
Price Volatility
MTDR
Industry
5yr Volatility vs Market

Value

 Is Matador Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Matador Resources to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Matador Resources.

NYSE:MTDR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:MTDR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.9
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.9 (1 + (1- 21%) (60.38%))
1.22
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.22
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.22 * 5.96%)
10%

Discounted Cash Flow Calculation for NYSE:MTDR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Matador Resources is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:MTDR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10%)
2019 -219.00 Analyst x4 -199.09
2020 -93.40 Analyst x5 -77.19
2021 36.00 Analyst x2 27.05
2022 60.56 Est @ 68.23% 41.36
2023 89.98 Est @ 48.58% 55.87
2024 121.32 Est @ 34.82% 68.47
2025 151.88 Est @ 25.2% 77.93
2026 179.92 Est @ 18.46% 83.92
2027 204.63 Est @ 13.74% 86.77
2028 225.99 Est @ 10.44% 87.11
Present value of next 10 years cash flows $252.20
NYSE:MTDR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $225.99 × (1 + 2.73%) ÷ (10% – 2.73%)
$3,192.40
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $3,192.40 ÷ (1 + 10%)10
$1,230.56
NYSE:MTDR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $252.20 + $1,230.56
$1,482.76
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,482.76 / 116.60
$12.72
NYSE:MTDR Discount to Share Price
Calculation Result
Value per share (USD) From above. $12.72
Current discount Discount to share price of $20.71
= -1 x ($20.71 - $12.72) / $12.72
-62.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Matador Resources is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Matador Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Matador Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:MTDR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.71
NYSE:MTDR Share Price ** NYSE (2019-05-21) in USD $20.71
United States of America Oil and Gas Industry PE Ratio Median Figure of 101 Publicly-Listed Oil and Gas Companies 13.25x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Matador Resources.

NYSE:MTDR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:MTDR Share Price ÷ EPS (both in USD)

= 20.71 ÷ 1.71

12.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Matador Resources is good value based on earnings compared to the US Oil and Gas industry average.
  • Matador Resources is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Matador Resources's expected growth come at a high price?
Raw Data
NYSE:MTDR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
18%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 76 Publicly-Listed Oil and Gas Companies 0.52x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

NYSE:MTDR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.09x ÷ 18%

0.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Matador Resources is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Matador Resources's assets?
Raw Data
NYSE:MTDR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $14.53
NYSE:MTDR Share Price * NYSE (2019-05-21) in USD $20.71
United States of America Oil and Gas Industry PB Ratio Median Figure of 196 Publicly-Listed Oil and Gas Companies 1.09x
United States of America Market PB Ratio Median Figure of 5,202 Publicly-Listed Companies 1.84x
NYSE:MTDR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:MTDR Share Price ÷ Book Value per Share (both in USD)

= 20.71 ÷ 14.53

1.43x

* Primary Listing of Matador Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Matador Resources is overvalued based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Matador Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Matador Resources has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Matador Resources expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Matador Resources expected to grow at an attractive rate?
  • Matador Resources's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Matador Resources's earnings growth is expected to exceed the United States of America market average.
  • Matador Resources's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:MTDR Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:MTDR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 18%
NYSE:MTDR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 17.2%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:MTDR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:MTDR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,754 1,112 418 2
2022-12-31 1,611 1,008 365 2
2021-12-31 1,418 877 289 3
2020-12-31 1,184 765 258 11
2019-12-31 908 552 195 9
NYSE:MTDR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 803 532 197
2018-12-31 772 609 274
2018-09-30 747 496 176
2018-06-30 670 432 173
2018-03-31 582 374 142
2017-12-31 506 299 126
2017-09-30 439 260 192
2017-06-30 389 206 189
2017-03-31 347 177 54
2016-12-31 280 134 -97
2016-09-30 242 119 -432
2016-06-30 232 145 -686

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Matador Resources's earnings are expected to grow by 18% yearly, however this is not considered high growth (20% yearly).
  • Matador Resources's revenue is expected to grow by 17.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:MTDR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Matador Resources Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:MTDR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 3.23 3.98 2.47 2.00
2022-12-31 3.09 3.93 2.25 2.00
2021-12-31 2.00 2.37 1.63 3.00
2020-12-31 2.16 3.23 1.65 8.00
2019-12-31 1.36 1.97 0.93 7.00
NYSE:MTDR Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.71
2018-12-31 2.41
2018-09-30 1.58
2018-06-30 1.61
2018-03-31 1.36
2017-12-31 1.23
2017-09-30 1.94
2017-06-30 1.95
2017-03-31 0.57
2016-12-31 -1.07
2016-09-30 -4.87
2016-06-30 -7.91

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Matador Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Matador Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Matador Resources has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Matador Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Matador Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Matador Resources has delivered over 20% year on year earnings growth in the past 5 years.
  • Matador Resources's 1-year earnings growth exceeds its 5-year average (39.2% vs 28.5%)
  • Matador Resources's earnings growth has exceeded the US Oil and Gas industry average in the past year (39.2% vs 31.8%).
Earnings and Revenue History
Matador Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Matador Resources Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:MTDR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 803.01 197.37 80.34
2018-12-31 771.69 274.21 69.31
2018-09-30 747.09 175.83 92.73
2018-06-30 670.07 173.07 90.44
2018-03-31 581.70 141.78 88.25
2017-12-31 505.88 125.87 64.52
2017-09-30 439.41 191.69 65.25
2017-06-30 389.39 188.58 62.24
2017-03-31 346.78 54.22 58.26
2016-12-31 279.77 -97.42 55.09
2016-09-30 242.29 -431.98 48.59
2016-06-30 232.04 -685.97 47.59
2016-03-31 249.44 -737.21 49.56
2015-12-31 267.00 -679.79 50.11
2015-09-30 306.42 -402.82 47.26
2015-06-30 333.24 -131.14 43.21
2015-03-31 348.55 44.17 36.15
2014-12-31 368.93 110.77 32.15
2014-09-30 344.27 79.58 30.05
2014-06-30 329.52 70.07 27.35
2014-03-31 288.64 76.96 23.40
2013-12-31 269.03 45.09 20.78
2013-09-30 252.12 8.53 17.37
2013-06-30 208.25 -20.77 15.41
2013-03-31 186.15 -52.57 15.36
2012-12-31 156.00 -33.26 14.54
2012-09-30 118.24 -8.13 14.80
2012-06-30 97.68 7.26 15.56

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Matador Resources has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Matador Resources used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • Matador Resources has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Matador Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Matador Resources has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Matador Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Matador Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Matador Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Matador Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Matador Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Matador Resources Company Filings, last reported 1 month ago.

NYSE:MTDR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,791.53 1,457.93 20.76
2018-12-31 1,779.66 1,297.84 64.55
2018-09-30 1,722.44 1,065.06 45.94
2018-06-30 1,679.75 574.16 122.45
2018-03-31 1,362.77 574.12 27.03
2017-12-31 1,257.55 574.07 96.51
2017-09-30 992.80 574.03 20.18
2017-06-30 962.37 573.99 131.47
2017-03-31 915.50 573.97 209.71
2016-12-31 691.45 573.92 212.88
2016-09-30 437.79 457.15 20.57
2016-06-30 422.53 391.85 40.87
2016-03-31 525.15 391.55 118.33
2015-12-31 488.96 391.25 16.73
2015-09-30 716.60 390.96 13.89
2015-06-30 956.35 390.67 53.62
2015-03-31 922.83 421.98 6.06
2014-12-31 866.54 338.20 8.41
2014-09-30 818.34 250.00 7.72
2014-06-30 787.24 150.00 14.64
2014-03-31 586.40 270.00 14.34
2013-12-31 568.92 200.00 6.29
2013-09-30 552.67 145.00 6.37
2013-06-30 390.03 245.00 5.17
2013-03-31 364.11 205.00 4.79
2012-12-31 379.10 150.00 2.33
2012-09-30 399.23 106.00 4.44
2012-06-30 407.78 60.00 9.70
  • Matador Resources's level of debt (81.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (45.6% vs 81.4% today).
  • Debt is well covered by operating cash flow (36.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.9x coverage).
X
Financial health checks
We assess Matador Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Matador Resources has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Matador Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Matador Resources dividends. Estimated to be 0% next year.
If you bought $2,000 of Matador Resources shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Matador Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Matador Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:MTDR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 66 Stocks 3.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:MTDR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.00 1.00
2019-12-31 0.00 3.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Matador Resources has not reported any payouts.
  • Unable to verify if Matador Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Matador Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Matador Resources has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Matador Resources's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Matador Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Matador Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Matador Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Matador Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Joseph Foran
COMPENSATION $7,359,320
AGE 66
TENURE AS CEO 15.8 years
CEO Bio

Mr. Joseph Wm. Foran co-founded Matador Resources Company in July 2003 and has been Chairman, Chief Executive Officer and Secretary since July 2003 and served as its President from July 2003 to November 2013. Mr. Foran serves as the Chief Executive Officer and President at Longwood Gathering & Disposal Systems, LP. He serves as the Chief Executive Officer, President and Chairman of the Board at Longwood Gathering & Disposal Systems GP, Inc. He serves as Chief Executive Officer and Director of MRC Energy Company, Matador Production Co., MRC Permian Company and MRC Rockies Company. He began his career as an oil and gas independent in 1983 when he co-founded Foran Oil Company, which later merged into Matador Petroleum Corporation. He served as President of MRC Energy Company. He served as Chairman, Chief Executive Officer and President of Matador Petroleum Corporation from its inception 1987 until the time of its sale to Tom Brown, Inc. in June 2003 and President of Matador Resources Company from July 2003 to November 18, 2013. Under Mr. Foran's guidance, Matador Petroleum realized a 21% average annual rate of return for its shareholders. He is originally from Amarillo, Texas, where his family owned a pipeline construction business. From 1980 to 1983, he served as Vice President and General Counsel of J. Cleo Thompson and James Cleo Thompson, Jr., Oil Producers. Prior to that, he served as an Attorney at the law firm of Vinson & Elkins, LLP and was a briefing attorney to Chief Justice Joe R. Greenhill of the Supreme Court of Texas. He serves as a Director of Longwood Gathering & Disposal Systems, LP. He served as a Director of Matador Petroleum Corporation from 1987 to June 2003. He is active as a member of various industry and civic organizations, including his church and various youth activities. In 2002, he was honored as the Ernst & Young Entrepreneur of the Year for the Southwest Region. Mr. Foran received a Bachelor of Science degree in Accounting from the University of Kentucky with highest honors and a law degree from Southern Methodist University Dedman School of Law, where he was a Hatton W. Sumners scholar and the Leading Articles Editor of the Southwestern Law Review.

CEO Compensation
  • Joseph's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Joseph's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Matador Resources management team in years:

4.7
Average Tenure
59
Average Age
  • The tenure for the Matador Resources management team is about average.
Management Team

Joseph Foran

TITLE
Founder
COMPENSATION
$7M
AGE
66
TENURE
15.8 yrs

Matthew Hairford

TITLE
President
COMPENSATION
$4M
AGE
57
TENURE
5.5 yrs

David Lancaster

TITLE
Executive VP & CFO
COMPENSATION
$3M
AGE
61
TENURE
12 yrs

Craig Adams

TITLE
Executive VP and COO of Land
COMPENSATION
$3M
AGE
51
TENURE
3.9 yrs

Billy Goodwin

TITLE
Executive VP and COO of Drilling
COMPENSATION
$3M
AGE
60
TENURE
0.1 yrs

Rey Antonio Revoltar

TITLE
Chief Executive Officer

Scott King

TITLE
Co-Founder & Advisor to the Board
AGE
59

Robert Macalik

TITLE
Senior VP & Chief Accounting Officer
AGE
39
TENURE
3.8 yrs

Brad Robinson

TITLE
Executive VP of of Reservoir Engineering & CTO
COMPENSATION
$690K
AGE
63
TENURE
6 yrs

George Krug

TITLE
Senior Vice President of Marketing & Midstream
AGE
57
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure and age of the Matador Resources board of directors in years:

2.4
Average Tenure
61.5
Average Age
  • The average tenure for the Matador Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Joseph Foran

TITLE
Founder
COMPENSATION
$7M
AGE
66
TENURE
15.8 yrs

Scott King

TITLE
Co-Founder & Advisor to the Board
AGE
59

Wade Massad

TITLE
Consultant & Advisory to the Board
COMPENSATION
$210K
AGE
50
TENURE
6.8 yrs

Bill Byerley

TITLE
Independent Director
COMPENSATION
$234K
AGE
64
TENURE
2.9 yrs

Robert Baty

TITLE
Independent Director
COMPENSATION
$225K
AGE
67
TENURE
2.6 yrs

Julia P. Rogers

TITLE
Independent Director
COMPENSATION
$224K
AGE
58
TENURE
2.3 yrs

Kenneth Stewart

TITLE
Independent Director
COMPENSATION
$220K
AGE
64
TENURE
2.3 yrs

David Posner

TITLE
Independent Director
COMPENSATION
$219K
AGE
64
TENURE
1.8 yrs

Tim Parker

TITLE
Independent Director
COMPENSATION
$310K
AGE
44
TENURE
1.3 yrs

Rey Baribault

TITLE
Lead Independent Director
COMPENSATION
$336K
AGE
54
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Matador Resources insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
08. Mar 19 Buy Matthew Hairford Individual 07. Mar 19 07. Mar 19 1,000 $17.34 $17,340
17. Dec 18 Buy Julia P. Rogers Individual 14. Dec 18 14. Dec 18 300 $17.85 $5,355
17. Dec 18 Buy Reynald Baribault Individual 14. Dec 18 14. Dec 18 1,500 $17.47 $26,205
11. Dec 18 Buy Joseph Foran Individual 11. Dec 18 11. Dec 18 2,000 $19.89 $39,780
11. Dec 18 Buy Van Singleton Individual 10. Dec 18 10. Dec 18 500 $19.83 $9,915
10. Dec 18 Buy Joseph Foran Individual 10. Dec 18 10. Dec 18 2,000 $20.66 $41,320
10. Dec 18 Buy Van Singleton Individual 06. Dec 18 06. Dec 18 2,005 $22.26 $44,631
06. Dec 18 Buy Craig Burkert Individual 04. Dec 18 04. Dec 18 1,000 $24.36 $24,360
07. Dec 18 Buy Robert Baty Individual 04. Dec 18 04. Dec 18 819 $24.36 $19,951
06. Dec 18 Buy Julia P. Rogers Individual 03. Dec 18 03. Dec 18 200 $24.10 $4,820
03. Dec 18 Buy Julia P. Rogers Individual 29. Nov 18 29. Nov 18 450 $22.78 $10,251
03. Dec 18 Buy David Posner Individual 29. Nov 18 29. Nov 18 2,160 $22.89 $49,442
03. Dec 18 Buy George Krug Individual 29. Nov 18 29. Nov 18 1,000 $22.82 $22,820
03. Dec 18 Buy William Byerley Individual 29. Nov 18 29. Nov 18 1,000 $23.03 $23,030
30. Nov 18 Buy Matthew Clifton Individual 28. Nov 18 28. Nov 18 5,000 $22.06 $110,300
29. Nov 18 Buy Reynald Baribault Individual 28. Nov 18 28. Nov 18 1,500 $21.75 $32,625
29. Nov 18 Buy Bradley Robinson Individual 28. Nov 18 28. Nov 18 2,000 $21.68 $43,360
29. Nov 18 Buy David Lancaster Individual 28. Nov 18 28. Nov 18 2,500 $21.88 $54,700
29. Nov 18 Buy Billy Goodwin Individual 27. Nov 18 27. Nov 18 1,000 $22.33 $22,330
28. Nov 18 Buy Joseph Foran Individual 27. Nov 18 27. Nov 18 2,000 $21.95 $43,900
28. Nov 18 Buy Matthew Hairford Individual 27. Nov 18 27. Nov 18 1,000 $22.27 $22,270
28. Nov 18 Buy Craig Adams Individual 27. Nov 18 27. Nov 18 1,000 $22.03 $22,030
27. Nov 18 Buy Robert Macalik Individual 26. Nov 18 26. Nov 18 800 $22.97 $18,376
26. Nov 18 Buy Joseph Foran Individual 23. Nov 18 23. Nov 18 2,000 $22.43 $44,860
21. Nov 18 Buy Timothy Parker Individual 16. Nov 18 19. Nov 18 4,000 $24.93 $98,220
16. Nov 18 Buy Kenneth Stewart Individual 14. Nov 18 14. Nov 18 10,000 $24.40 $244,000
06. Jun 18 Buy Robert Macalik Individual 05. Jun 18 05. Jun 18 750 $25.96 $19,470
X
Management checks
We assess Matador Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Matador Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Here's What Matador Resources Company's (NYSE:MTDR) P/E Ratio Is Telling Us

We'll apply a basic P/E ratio analysis to Matador Resources Company's (NYSE:MTDR), to help you decide if the stock is worth further research. … See our latest analysis for Matador Resources How Do You Calculate A P/E Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Matador Resources: P/E of 11.28 = $19.33 ÷ $1.71 (Based on the trailing twelve months to March 2019.) Is A High Price-to-Earnings Ratio Good?

Simply Wall St -

Is Matador Resources Company's (NYSE:MTDR) Balance Sheet Strong Enough To Weather A Storm?

Investors are always looking for growth in small-cap stocks like Matador Resources Company (NYSE:MTDR), with a market cap of US$2.1b. … However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Is Matador Resources Company's (NYSE:MTDR) CEO Salary Justified?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Joseph Foran's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Matador Resources Company has a market cap of US$2.5b, and is paying total annual CEO compensation of US$10m.

Simply Wall St -

Does The Matador Resources Company (NYSE:MTDR) Share Price Tend To Follow The Market?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

How Financially Strong Is Matador Resources Company (NYSE:MTDR)?

Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Matador Resources Company (NYSE:MTDR), with a market cap of US$2.3b, are often out of the spotlight. … This article will examine MTDR’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth. … View our latest analysis for Matador Resources

Simply Wall St -

Introducing Matador Resources (NYSE:MTDR), The Stock That Dropped 41% In The Last Year

For example, the Matador Resources Company (NYSE:MTDR) share price is down 41% in the last year. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … Even though the Matador Resources share price is down over the year, its EPS actually improved.

Simply Wall St -

Why We Like Matador Resources Company’s (NYSE:MTDR) 9.1% Return On Capital Employed

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

What Matador Resources Company's (NYSE:MTDR) ROE Can Tell Us

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every $1 worth of shareholders' equity, it generated $0.12 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Does Matador Resources Company (NYSE:MTDR) Have A High Beta?

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … However, Warren Buffett said 'volatility is far from synonymous with risk' in his 2014 letter to investors. … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

What You Must Know About Matador Resources Company's (NYSE:MTDR) Financial Strength

Matador Resources Company (NYSE:MTDR) is a small-cap stock with a market capitalization of US$1.7b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes

Simply Wall St -

Company Info

Description

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. It operates in two segments, Exploration and Production; and Midstream. The company primarily holds interests in the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. It also operates the Eagle Ford shale play in South Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas. In addition, the company conducts midstream operations in support of its exploration, development, and production operations; provides natural gas processing and oil transportation services; and offers oil, natural gas, and salt water gathering services, as well as salt water disposal services to third parties. As of December 31, 2018, its estimated total proved oil and natural gas reserves were 215.3 million barrels of oil equivalent, including 123.4 million stock tank barrels of oil and 551.5 billion cubic feet of natural gas. The company was formerly known as Matador Holdco, Inc. and changed its name to Matador Resources Company in August 2011. Matador Resources Company was founded in 2003 and is headquartered in Dallas, Texas.

Details
Name: Matador Resources Company
MTDR
Exchange: NYSE
Founded: 2003
$2,414,748,866
116,598,207
Website: http://www.matadorresources.com
Address: Matador Resources Company
One Lincoln Centre,
5400 LBJ Freeway,
Dallas,
Texas, 75240,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE MTDR Common Stock New York Stock Exchange US USD 02. Feb 2012
Number of employees
Current staff
Staff numbers
264
Matador Resources employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 06:16
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/05/20
Last earnings filing: 2019/05/03
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.